Housing starts in Canada fell 3 percent over a month earlier to 273,841 units in June of 2022, but well above market expectations of 265,000 units, according to the Canada Mortgage and Housing Corporation (CHMC). Urban starts declined by 3 percent to 257,438 units, as multi-unit urban starts decreased 2 percent to 197,022 units and single-detached urban starts fell 4 percent to 60,416 units. source: Canada Mortgage And Housing Corporation
Housing Starts in Canada averaged 189.69 Thousand units from 1977 until 2022, reaching an all time high of 330.12 Thousand units in March of 2021 and a record low of 90.70 Thousand units in August of 1982. This page provides the latest reported value for - Canada Housing Starts - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Housing Starts - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.
Housing Starts in Canada is expected to be 245.00 Thousand units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Housing Starts is projected to trend around 200.00 Thousand units in 2023, according to our econometric models.